Badger Meter (NYSE:BMI) Hits New 1-Year Low on Disappointing Earnings

Badger Meter, Inc. (NYSE:BMI)’s share price reached a new 52-week low during trading on Wednesday following a weaker than expected earnings announcement. The stock traded as low as $150.00 and last traded at $147.52, with a volume of 5404 shares traded. The stock had previously closed at $164.41.

The scientific and technical instruments company reported $1.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.01). Badger Meter had a net margin of 15.45% and a return on equity of 20.71%. The business had revenue of $220.71 million during the quarter, compared to analyst estimates of $232.30 million. During the same quarter last year, the business earned $1.04 earnings per share. Badger Meter’s revenue for the quarter was up 7.6% on a year-over-year basis.

Badger Meter Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 21st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, November 21st. Badger Meter’s dividend payout ratio is presently 33.33%.

Badger Meter News Roundup

Here are the key news stories impacting Badger Meter this week:

• Positive Sentiment: Puerto Rico contract win highlights its smart?water SaaS momentum and recurring?revenue potential, supporting valuation arguments for forward growth. Badger Meter Puerto Rico Win Highlights Smart Water SaaS And Valuation Debate
• Positive Sentiment: Institutional accumulation: multiple reports show funds buying after the deep pullback, creating a technical/support base and signaling confidence in long?term cash flow, buybacks and dividends. Why Institutions Keep Buying Badger Meter After the Big Drop
• Neutral Sentiment: Options market activity suggests elevated implied volatility and that traders are positioning for a sizable short?term move — this can amplify rallies or declines depending on flow. Is the Options Market Predicting a Spike in Badger Meter Stock?
• Neutral Sentiment: Analyst target cuts but continued positive ratings: Jefferies trimmed its target to $200 (still “buy”) and JPMorgan cut to $190 (still “overweight”) — these lower targets cap near?term upside but keep institutional endorsement intact. Analyst Price Target Moves (Benzinga) TickerReport: JPMorgan Target Cut
• Negative Sentiment: Q4 results missed consensus revenue (reported revenue ~$220.7M vs. est. ~$232.3M) and EPS missed by $0.01; the top?line miss triggered a sharp pullback earlier as investors re?priced growth expectations despite 7.6% revenue growth and margin expansion. Badger Meter’s Q4 Earnings & Revenue Miss Estimates, Stock Down MSN: Badger Meter misses Q4 revenue estimates

Wall Street Analyst Weigh In

BMI has been the topic of several research reports. Robert W. Baird set a $165.00 price target on shares of Badger Meter in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $167.00 price objective on shares of Badger Meter in a research note on Thursday. Barclays set a $136.00 target price on Badger Meter and gave the stock an “underweight” rating in a research note on Thursday. JPMorgan Chase & Co. decreased their price target on shares of Badger Meter from $232.00 to $190.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $191.00 price objective (down previously from $229.00) on shares of Badger Meter in a report on Thursday. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Badger Meter presently has an average rating of “Hold” and an average target price of $188.89.

Institutional Investors Weigh In On Badger Meter

Large investors have recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System lifted its holdings in Badger Meter by 0.6% during the second quarter. Maryland State Retirement & Pension System now owns 8,649 shares of the scientific and technical instruments company’s stock valued at $2,119,000 after purchasing an additional 54 shares during the last quarter. Journey Strategic Wealth LLC raised its position in shares of Badger Meter by 4.6% in the second quarter. Journey Strategic Wealth LLC now owns 1,296 shares of the scientific and technical instruments company’s stock valued at $317,000 after purchasing an additional 57 shares during the period. Global X Japan Co. Ltd. raised its position in shares of Badger Meter by 27.3% in the third quarter. Global X Japan Co. Ltd. now owns 266 shares of the scientific and technical instruments company’s stock valued at $48,000 after purchasing an additional 57 shares during the period. Monument Capital Management lifted its stake in shares of Badger Meter by 0.4% during the 2nd quarter. Monument Capital Management now owns 15,588 shares of the scientific and technical instruments company’s stock valued at $3,818,000 after buying an additional 60 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in Badger Meter by 15.5% in the 4th quarter. Signaturefd LLC now owns 521 shares of the scientific and technical instruments company’s stock worth $91,000 after buying an additional 70 shares during the period. Hedge funds and other institutional investors own 89.01% of the company’s stock.

Badger Meter Stock Performance

The business’s 50 day moving average is $175.38 and its two-hundred day moving average is $182.60. The firm has a market capitalization of $4.33 billion, a PE ratio of 30.63, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91.

About Badger Meter

Badger Meter, founded in 1905 and headquartered in Milwaukee, Wisconsin, is a global leader in flow measurement and control solutions. The company’s core business centers on the design, manufacture and sale of water meters, control valves and related accessories for municipal and industrial water utilities. Over its more than a century of operation, Badger Meter has built a reputation for precision engineering, durability and compliance with international regulatory standards.

The company’s product portfolio includes mechanical and ultrasonic water meters, electromagnetic flow meters for industrial applications, and a range of control valves that help utilities manage pressure and flow in distribution networks.